- Nestle India‘s net income for the first quarter was 6.59 billion rupees, down 12% year-on-year, and below the estimated 7.51 billion rupees.
- Revenue increased by 6% year-on-year to 51 billion rupees, slightly below the forecast of 51.03 billion rupees.
- Domestic sales rose by 5.4% year-on-year to 48.6 billion rupees, but missed the estimate of 49.34 billion rupees.
- Exports sales grew by 16% year-on-year to 2.14 billion rupees, surpassing the expectation of 1.98 billion rupees.
- Total costs increased by 9.4% year-on-year to 42 billion rupees.
- Raw material costs were up 11% year-on-year to 21.5 billion rupees, slightly exceeding the estimate of 21.25 billion rupees.
- Other income saw a significant decrease of 90% year-on-year, amounting to 40.4 million rupees.
- Manish Tiwary will be appointed as Chairman from August 1.
- Coffee prices are expected to remain stable at current lower levels due to a normal upcoming Vietnam crop.
- Cocoa and edible oil prices have stabilized and are expected to stay range-bound.
- Milk prices are anticipated to decrease owing to a favorable monsoon and flush season.
- Analyst ratings reflect 10 buys, 18 holds, and 12 sells on the stock.
“`
Nestle India on Smartkarma
On Smartkarma, independent analysts like Janaghan Jeyakumar and Brian Freitas are providing insights on Nestle India. Janaghan Jeyakumar, CFA, in his report “Quiddity Leaderboard BSE/SENSEX Jun25: Some Names Are Still Close to the Border,” suggests potential index changes for SENSEX, BSE 100, and BSE 200. He expects around US$560mn one-way flows in these indices, with possible ADDs/DELs in June 2025.
Similarly, Brian Freitas, in his report “SENSEX Index Rebalance Preview: Two Changes for Now; Third Change at the Cusp,” forecasts 2 index changes for the Sensex in June, with a possible third change looming. He highlights the importance of sector balance in deciding inclusions and notes the underperformance of forecast adds compared to deletes in recent months.
A look at Nestle India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Nestle India has a positive long-term outlook. With a high score in Resilience, the company shows strong capability to withstand economic downturns or market challenges. This indicates stability and ability to bounce back from any adverse situations.
Furthermore, Nestle India scores well in Dividend and Momentum, reflecting its ability to provide consistent dividend payouts and maintain positive stock price momentum. Although Value and Growth scores are not as high, the company’s focus on dividends and momentum suggests a reliable and steadily performing investment option in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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